LA-based Metropolis raises $41 million to upgrade parking infrastructure

18 Feb, 2021

LA-based Metropolis raises $41 million to upgrade parking infrastructure
Photo by Kelly Sikkema on Unsplash

– LA-based Metropolis raised $41m funding.
– The round was led by 3L and joined by Dragoneer, Starwood, RXR Realty, Dick Costolo and Adam Bain’s 01 Advisors, Slow Ventures, Dan Doctoroff, Baron Davis, and others.
– The company plans to upgrade parking infrastructure with a computer vision-based system that recognizes cars as they enter and leave garages.

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